The Opening Bell

The banking industry is seeing a number of regulatory changes in the near future and Rod Murray (Chicago Market President at Associated Bank) explained that the industry will likely adopt the Principles for Responsible Banking agreement. Steve Grzanich and the Associated Bank Thought Leader discussed how American banks are slow to adjust but will likely follow soon and they also touched on a growing trend of consumers requesting high-interest loans for weddings.  

The banking industry is seeing adjustments to the evolving world with a number of regulations on the horizon and new global agreement on how to conduct banking business sustainably. Steve Grzanich and  Rod Murray (Chicago Market President at Associated Bank) touched on the direction of the industry during this week’s Associated Bank Thought Leader conversation, while also learning about the wedding loan trend. (At 17:53) Rebecca Willett (Professor of Statistics and Computer Science at University of Chicago) then shared her experience after […]

On October 3rd, 2019 Steve Grzanich shares the day’s potential market drivers: The weekly report on jobless claims is out today (economist are forecasting 219,000 workers filed) The Challenger Job Cut Report is out today The PMI Services Index, the ISM Non-Manufacturing Index, and the EIA Natural Gas report is out today Costco and PepsiCo both report earnings by the end of the day

The average parent is spending $250 per month supporting their adult children including paying for cell phone bills, Ubers, student loans, rent and much more. Steve Grzanich and Jessica Dickler (Personal Finance Reporter at CNBC) recapped recent reporting that showed nearly half of parents with adult children are supporting them financially. (At 14:51) After Steve learned these facts, it’s safe to say that the way people approach personal finance is changing and Jill Schlesinger (Business Analyst and Author of The Dumb […]

Managing personal finances is one of the most difficult aspects consumers wrestle with, but Jill Schlesinger (Business Analyst and Author of The Dumb Things Smart People Do With Their Money and Host of the “Jill on Money” Podcast) explained why we make some dumb mistakes is because we’re human. Steve Grzanich and Jill checked in to set aside the large Wall Street moves in a portfolio and instead focus on the real world financial issues like analyzing college payment planning, estate […]

On October 2nd, 2019 Steve Grzanich shares the day’s potential market drivers: The ADP Private Payroll Jobs Report is out today (Analyst expecting a modest gain of jobs creation last month) The EIA Petroleum Status Report is out today The Mortgage Bankers Association is out with weekly mortgage applications Bed, Bath & Beyond, Ferrellgas Partners, International Speedway and others report earnings

On October 1st, 2019 Steve Grzanich shares the day’s potential market drivers: Data on August Construction Spending is out today (analyst forecasting a slight increase) The ISM and PMI Manufacturing Index are out today GW Pharmaceuticals, McCormick and Co. & Stitch Fix all report earnings today

Rock climbing is a sport that’s growing in popularity as the Olympics welcome it into it’s 2020 lineup, but also noted by the number of rock climbing gyms in the Chicago area. Jon Shepard (Co-founder and Business Director of First Ascent Climbing and Fitness) joined Steve Grzanich discussed the business that has seen exponential growth in just four years and how they are using large unused real estate to open new gyms and in turn spur economic activity in neighborhoods. […]

Paying for healthcare costs is one of the biggest financial stressors on Americans, but John Tozzi (Healthcare Reporter at Bloomberg) compared the rising costs of buying an economy car every year. Steve Grzanich and John recapped a recent survey that showed the healthcare costs for Americans tops nearly $20,000 per year and there are no signs of it dropping any time soon.  

On September 30th, 2019 Steve Grzanich shares the day’s potential market drivers: The Chicago PMI and the Dallas Federal Reserve’s Manufacturing Survey are out today Thor Industries and Rave Restaurant Group report earnings today